← British American Tobacco p.l.c.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments For Depreciation And Amortisation Expense And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss $607.0m $902.0m $1.0b $1.5b $1.4b $1.1b $1.3b $28.6b $3.1b $2.5b —
Net Income — — — — — — $6.7b
($14.4b) -315.53%
$3.1b +121.35%
$7.8b +153.06%
$6.4b -17.21%
Net Income From Continuing Operations — — — — — — $6.8b ($14.2b) $3.2b $7.8b $6.4b
Profit or Loss $4.8b $37.7b $6.2b $5.8b $6.6b $7.0b $6.8b ($14.2b) $3.2b $7.8b —
Other Adjustments To Reconcile Profit Loss — — $294.0m $874.0m — — — — — — —
Amortization Cash Flow — — — — — — $459.0m $23.4b $2.4b $1.7b —
Depreciation — — — — — — $846.0m $643.0m $635.0m $544.0m $716.0m
– depreciation, amortisation and impairment costs $607.0m $902.0m $1.0b $1.5b $1.4b $1.1b $1.3b $28.6b $3.1b $2.5b $2.4b
Deferred Tax — — — — — — $2.5b ($2.9b) $357.0m $2.1b $1.9b
Proceeds From Sales Of Investments Other Than Investments Accounted For Using Equity Method $22.0m $160.0m $167.0m $339.0m $184.0m $141.0m $128.0m $405.0m $299.0m $848.0m —
Change In Working Capital — — — — — — $103.0m ($469.0m) $5.8b ($3.9b) ($2.7b)
Change In Receivables — — — — — — ($42.0m) ($487.0m) ($269.0m) ($295.0m) ($396.0m)
– increase in trade and other receivables $87.0m ($732.0m) $502.0m ($699.0m) $300.0m ($393.0m) ($42.0m) ($487.0m) ($269.0m) ($295.0m) —
Change In Inventory — — — — — — ($246.0m) $265.0m $35.0m $112.0m $360.0m
– decrease in inventories ($638.0m) $1.4b ($192.0m) ($371.0m) ($144.0m) $433.0m ($246.0m) $265.0m $35.0m $112.0m —
– (decrease)/increase in trade and other payables $428.0m ($749.0m) $123.0m $730.0m ($320.0m) $183.0m $3.0m $640.0m $58.0m ($207.0m) —
Other ($7.0m) $6.0m $4.0m $3.0m $2.0m $3.0m $6.0m $4.0m $5.0m $1.0m —
Net cash flows (used in)/generated from operating, investing and financing activities ($259.0m)
$1.6b +703.09%
($356.0m) -122.79%
($236.0m) +33.71%
$1.1b +568.64%
($172.0m) -115.55%
$811.0m +571.51%
$1.1b +36.13%
$868.0m -21.38%
($1.0b) -219.01%
—
Capital Expenditure — — — — — — ($656.0m) ($601.0m) ($608.0m) ($704.0m) ($727.0m)
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities $93.0m $95.0m $38.0m $34.0m $44.0m $31.0m $31.0m $54.0m $145.0m $37.0m —
Purchases of property, plant and equipment ($586.0m) ($791.0m) ($758.0m) ($664.0m) ($511.0m) ($527.0m) ($523.0m) ($460.0m) ($486.0m) ($551.0m) —
Investments in relation to non-controlling interests ($70.0m) ($1.0m) ($11.0m) — — — — $0 $0 ($19.0m) —
Proceeds on disposals of investments $22.0m $160.0m $167.0m $339.0m $184.0m $141.0m $128.0m $405.0m $299.0m $848.0m —
Purchases of investments ($109.0m) ($170.0m) ($320.0m) ($191.0m) ($343.0m) ($369.0m) ($257.0m) ($448.0m) ($216.0m) ($54.0m) —
Investment in associates and acquisitions of other subsidiaries net of cash acquired ($57.0m) ($77.0m) ($32.0m) ($86.0m) $39.0m ($133.0m) ($39.0m) ($37.0m) ($48.0m) ($29.0m) —
Net cash generated from/(used in) investing activities ($640.0m) ($18.5b) ($1.0b) ($639.0m) ($783.0m) ($1.1b) ($705.0m) ($296.0m) $1.4b $1.4b —
Cash flows from financing activities
Issuance Of Debt — — — — — — $3.3b $5.1b $2.4b $3.8b $1.3b
Long Term Debt Issuance — — — — — — $3.3b $5.1b $2.4b $3.8b $1.3b
Long Term Debt Payments — — — — — — ($3.0b) ($6.8b) ($4.8b) ($3.9b) ($2.1b)
Net Issuance Payments Of Debt — — — — — — $223.0m ($1.6b) ($2.4b) ($118.0m) ($774.0m)
Net Long Term Debt Issuance — — — — — — $223.0m ($1.6b) ($2.4b) ($118.0m) ($774.0m)
Proceeds From Borrowings Classified As Financing Activities $3.5b $40.9b $2.1b $4.2b $9.8b $978.0m $3.3b $5.1b $2.4b $3.8b —
Proceeds from increases in and new borrowings $3.5b $40.9b $2.1b $4.2b $9.8b $978.0m $3.3b $5.1b $2.4b $3.8b —
Reductions in and repayments of borrowings ($3.8b) ($20.8b) ($5.6b) ($5.6b) ($10.6b) ($4.8b) ($3.0b) ($6.8b) ($4.8b) ($3.9b) —
Repayment Of Debt — — — — — — ($3.0b) ($6.8b) ($4.8b) ($3.9b) ($2.1b)
Repayments Of Borrowings Classified As Financing Activities $3.8b $20.8b $5.6b $5.6b $10.6b $4.8b $3.0b $6.8b $4.8b $3.9b —
Common Stock Dividend Paid — — — — — — ($4.9b) ($5.1b) ($5.2b) ($5.2b) ($5.3b)
Common Stock Payments — — — — — — ($2.1b) ($110.0m) ($792.0m) ($1.2b) ($1.4b)
Net Common Stock Issuance — — — — — — ($2.1b) ($110.0m) ($792.0m) ($1.2b) ($1.4b)
Repurchase Of Capital Stock — — — — — — ($2.1b) ($110.0m) ($792.0m) ($1.2b) ($1.4b)
Cash Dividends Paid — — — — — — ($4.9b) ($5.1b) ($5.2b) ($5.2b) ($5.3b)
Dividend Received CFO — — — — — — $394.0m $506.0m $406.0m $369.0m $340.0m
Dividends Paid Classified As Financing Activities ($641.0m) ($1.1b) ($1.6b) ($1.6b) $4.9b $5.0b ($1.6b) ($1.7b) ($1.7b) ($1.6b) ($5.3b)
Dividends Paid Ordinary Shares Per Share $155.90 $218.20 $190.00 — — — — — — — ($5,263,000,000.00)
Dividends Received CFI — — — — — — — $0 $0 $1.0m $3.0m
Dividends paid to owners of the parent ($3k) ($3k) ($4k) ($5k) ($5k) ($5k) ($5k) ($5k) ($5k) ($5k) ($5.3b)
Dividends received from associates $962 $903 $214 $252 $351 $353 $394 $506 $406 $369 —
Net Other Financing Charges — — — — — — ($112.0m) ($476.0m) ($123.0m) ($231.0m) $177.0m
(Decrease)/increase in net cash and cash equivalents in the year ($79.0m) $1.2b ($494.0m) ($293.0m) $853.0m ($425.0m) $874.0m $1.2b $587.0m ($1.3b) —
Beginning Cash Position — — — — — — $2.5b $3.3b $4.5b $5.1b $4.2b
Effect Of Exchange Rate Changes — — — — — — $431.0m ($292.0m) ($281.0m) ($76.0m) $102.0m
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Adjustments For Current Tax Of Prior Period $13.0m $2.0m ($11.0m) ($60.0m) $18.0m ($43.0m) $41.0m ($13.0m) $117.0m ($294.0m) —
Adjustments For Income Tax Expense $128.0m $454.0m — — — — — — — — —
Capital element of lease liabilities — ($7.0m) ($10.0m) ($154.0m) ($164.0m) ($154.0m) ($161.0m) ($162.0m) ($165.0m) ($177.0m) —
Change In Cash Supplemental As Reported — — — — — — $811.0m $1.1b $868.0m ($1.0b) —
Change In Payable — — — — — — ($142.0m) $353.0m ($236.0m) ($286.0m) $181.0m
Changes In Cash — — — — — — $811.0m $1.1b $868.0m ($1.0b) ($1.8b)
Coupon paid on perpetual hybrid bonds — — — — $0 ($6.0m) ($60.0m) ($59.0m) ($56.0m) ($54.0m) —
Differences on exchange $180.0m ($391.0m) ($138.0m) ($57.0m) ($253.0m) ($253.0m) $431.0m ($292.0m) ($281.0m) ($76.0m) —
Disposal of subsidiary, net of cash disposed of — — $17.0m $0 $0 ($98.0m) $0 $159.0m $0 $4.0m —
End Cash Position — — — — — — $3.3b $4.5b $5.1b $3.8b $2.4b
Financing Cash Flow — — — — — — ($8.9b)
($9.3b) -4.91%
($10.6b) -14.15%
($8.8b) +17.59%
($9.3b) -6.23%
Free Cash Flow — — — — — — $9.7b $10.1b $9.5b $5.6b $6.7b
Gain Loss On Investment Securities — — — — — — ($475.0m) $595.0m $109.0m $525.0m $525.0m
Goodwill $11.0b $44.1b $46.2b $44.3b $43.3b $43.2b $48.0b $41.1b $41.1b $38.9b —
Income Taxes Paid Refund Classified As Operating Activities ($1.2b) ($1.7b) ($1.9b) $86.0m ($2.1b) ($2.3b) ($2.5b) ($2.6b) ($1.9b) ($2.9b) —
Interest Paid Classified As Financing Activities $641.0m $1.1b $1.6b $1.6b $1.7b $1.5b $1.6b $1.7b $1.7b $1.6b —
Interest Received CFI $62.0m $83.0m $52.0m $80.0m $48.0m $33.0m $85.0m $145.0m $187.0m $201.0m $199.0m
Interest element of lease liabilities — ($1.0m) ($2.0m) ($32.0m) ($26.0m) ($23.0m) ($25.0m) ($30.0m) ($37.0m) ($40.0m) —
Investing Cash Flow — — — — — — ($705.0m) ($296.0m) $1.4b $1.4b $75.0m
Net Business Purchase And Sale — — — — — — ($39.0m) $122.0m $1.5b $1.0b ($239.0m)
Net Foreign Currency Exchange Gain Loss — — — — — — $524.0m ($449.0m) ($9.0m) ($373.0m) ($373.0m)
Net Intangibles Purchase And Sale — — — — — — ($130.0m) ($114.0m) ($83.0m) ($122.0m) ($120.0m)
Net Investment Purchase And Sale — — — — — — ($129.0m) ($43.0m) $83.0m $794.0m $790.0m
Net PPE Purchase And Sale — — — — — — ($492.0m) ($406.0m) ($341.0m) ($514.0m) ($558.0m)
Net cash and cash equivalents at 1 January $1.7b $2.8b $2.3b $2.0b $2.9b $2.5b $3.3b $4.5b $5.1b $3.8b —
Net finance costs — — — $1.6b $1.7b $1.5b $1.6b $1.9b $1.1b $1.8b —
Other Cash Adjustment Outside Changein Cash — — — — — — ($368.0m) $368.0m — ($208.0m) —
Other Non Cash Items — — — — — — $2.2b $2.2b $958.0m $1.9b —
Outflows relating to derivative financial instruments — — — — — — ($117.0m) ($480.0m) ($128.0m) ($380.0m) —
Payments To Acquire Or Redeem Entitys Shares — — — — $18.0m $82.0m $2.0b $0 $698.0m $1.1b —
Proceeds from disposal of shares in associate, net of tax — — — — — — $0 $0 $1.6b $1.1b —
Proceeds from the issue of perpetual hybrid bonds, net of issuance costs — — — $0 $0 $1.7b $0 $0 $0 $1.1b —
Proceeds on disposals of intangibles — — — — $0 $0 $3.0m $27.0m $39.0m $31.0m —
Profit from operations $4.7b $6.5b $9.3b $9.0b $10.0b $10.2b $10.5b ($15.8b) $2.7b $10.0b —
Profit/(loss) for the year — — — $5.8b $6.6b $7.0b $6.8b ($14.2b) $3.2b $7.8b —
Purchase Of Business — — — — — — ($39.0m) ($37.0m) ($48.0m) ($29.0m) ($243.0m)
Purchase Of Intangible Assets Classified As Investing Activities $88.0m $187.0m $185.0m $151.0m $244.0m $218.0m $133.0m $141.0m $122.0m $153.0m —
Purchase Of Intangibles — — — — — — ($133.0m) ($141.0m) ($122.0m) ($153.0m) ($145.0m)
Purchase Of Investment — — — — — — ($257.0m) ($448.0m) ($216.0m) ($54.0m) ($22.0m)
Purchase Of PPE — $791.0m $758.0m $664.0m $511.0m $527.0m ($523.0m) ($460.0m) ($486.0m) ($551.0m) ($727.0m)
Purchases of intangibles ($88.0m) ($187.0m) ($185.0m) ($151.0m) ($244.0m) ($218.0m) ($133.0m) ($141.0m) ($122.0m) ($153.0m) —
Purchases of own shares - share buy-back programme — — ($139.0m) ($117.0m) ($18.0m) ($82.0m) ($2.0b) $0 ($698.0m) ($1.1b) —
Purchases of own shares held in employee share ownership trusts ($64.0m) ($205.0m) ($139.0m) ($117.0m) ($18.0m) ($82.0m) ($80.0m) ($110.0m) ($94.0m) ($61.0m) —
Redemption of perpetual hybrid bonds, net of costs — — — $0 $0 ($6.0m) — $0 $0 ($883.0m) —
Sale Of Business — — — — — — $0 $159.0m $1.6b $1.1b $4.0m
Sale Of Intangibles — — — — — — $3.0m $27.0m $39.0m $31.0m $25.0m
Sale Of Investment — — — — — — $128.0m $405.0m $299.0m $848.0m $812.0m
Sale Of PPE — — — — — — $31.0m $54.0m $145.0m $37.0m $24.0m
Share of post-tax results of associates and joint ventures — — — ($498.0m) ($455.0m) ($415.0m) ($442.0m) ($585.0m) ($1.9b) ($1.7b) —
Taxation on ordinary activities — — — $2.1b $2.1b $2.2b $2.5b ($2.9b) $357.0m $2.1b —
Transferred from/(to) held-for-sale — — — — $0 $0 ($368.0m) $368.0m $0 ($208.0m) —
– (decrease)/increase in other provisions for liabilities $141.0m ($78.0m) ($107.0m) $382.0m — ($145.0m) $643.0m ($489.0m) $6.3b ($3.4b) —
– decrease in Master Settlement Agreement payable — — — — — ($36.0m) ($145.0m) ($287.0m) ($294.0m) ($79.0m) —
– decrease in net retirement benefit liabilities ($145.0m) ($131.0m) ($100.0m) ($40.0m) ($96.0m) ($104.0m) ($110.0m) ($111.0m) ($76.0m) ($31.0m) —
– other non-cash items — $86.0m $31.0m $106.0m $46.0m $430.0m $606.0m $436.0m ($40.0m) $264.0m —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.